CLPS, buy momentAll the technicals matches up.
Next Cycle coming up soon.
Company is also profitable and improving YOY.
Only threat is US/China relations.
Key stats
Market capitalization
24.935MUSD
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.03USD
About CLPS Incorporation
ISIN
KYG316421042
Sector
Technology Services
Industry
Information Technology Services
Website
clpsglobal.com
CEO
Ming Hui Lin
Headquarters
Hong Kong
Employees
3.824K
Founded
2005
CLPS, Inc. operates as a holding company, which engages in the provision of information technology, consulting, and solutions service to banking, insurance, and financial sectors. The company was founded in 2005 and is headquartered in Hong Kong.
CLPS Accummulaton & BreakoutThe stock has been channeling in the 5-5.25 area for a while and has kept it's slow trajectory upward. Price movement suggest accumulation before expansion; a BB study will show that they are contracting tighter and tighter.
There was a recent offering closed and completed, priced at $6/share. Re
CLPS Break OutCLPS looks like it wants to go higher after consolidating at the 50 SMA and testing the .23 fib level. MACD should cross soon. Low float and can make big moves.
1st target 6.35
2nd target 9.42
CLPSCLPS Inc (NASDAQ:CLPS) gave us a nice move on Friday, which could be the start of a bullish reversal and a short-term bottom. The technical indicators on H4 are looking better for the stock with the MACD indicator above its sell signal line and RSI indicator moving up from the 50% level. Friday Chai
$CLPS Signs Vendor Agreement with U.S. Digital Payment PlatformCLPS Incorporation Signs Vendor Agreement with a Well-Known U.S. Digital Payment Platform, Ramps Up Global Expansion Strategy.
$CLPS will provide IT services, including data analysis and payment risk management for their international business.
Growing beyond the Mainland China market, CLPS has be
$CLPS: SmlCap play - Potential 35-70% upside from today's closesee boxes on chart for Entry, Exit and Stop loss zones.
Not for any recommendation, Just an Idea.
CLPS Breakout The price closed right up against resistance but more importantly the giant bullish engulfing candle is very bullish. Add the recent MACD cross and the RSI still on the cool side and CLPS looks like its ready to take off.
1st target $4
2nd target $4.35
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0